In essence they point to the fact that most landlords see property as a long-term investment.
Interestingly they reflect the fact that landlords are largely positive about the prospects for the property market. Of those landlords questioned 78% believe prices will be higher in London in a years time compared to 49% who thought this to be the case outside the capital.
· 100% of landlords intend to hold their residential property investments for the next 12 months.
· 47% intend to hold their assets for at least 10 years.
· 24% of landlords intend to retain their property investments for the next 20 years or more.
· The average period that residential property investors expect to hold their property investment assets is 12 years.
· 49% of investors are considering purchasing additional residential property assets within London over the next 12 months.
· 22% of investors are looking at opportunities in the UK outside of the capital.
· 78% of respondents believe that London prices will be at current levels or higher by this time next year.
· For UK property outside of the capital, 49% expect prices to be at current levels or higher by this time next year.
· Landlords expect to see an average price increase of 1.48% by this time next year, twice the increase they were expecting last quarter (0.7%).
· The predicted 12 month outlook for UK property prices outside the capital is a fall of 0.58%, compared to the drop of 1.0% predicted last quarter.
· 94% of respondents expect the Bank of England base rate to be higher than the current all time low of 0.5% by the beginning of 2011.
· The average base rate expectation for Q1 2011 stands at 1.25%, up from the 1.1% predicted for Q4 2010 in last quarter’s Index.
· 93% of landlords believe that Estate Agencies should be regulated.
· 86% of landlords believe that individual estate agents should be subject to regulation.
· 68% of landlords believe that they themselves should be regulated.
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thanks